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Preference formation, school dissatisfaction and risky behavior of adolescents

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Author Info

  • Levy-Garboua, Louis
  • Loheac, Youenn
  • Fayolle, Bertrand

Abstract

School dissatisfaction is an important component of the subjective well-being of adolescents associated with “risky behavior” like drug use, unprotected sex, norm violations and illegal behavior. We extend the standard human capital model to joint human investment (education) and disinvestment (risky behavior). Based on this model, we develop a general dynamic framework to analyze the preference formation of children and behavioral change at school. Once an educational norm is set by adults, children can rationally deviate from this norm, while staying at school, after experiencing bad surprises like a school failure. The same type of dynamic equation can be used in a sequence to predict education, satisfaction with school, and a host of risky behavior. We test these assumptions with a unique panel data set on American adolescents attending middle or high school. School dissatisfaction is found to have a significant positive effect upon nine different types of risky behavior.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Psychology.

Volume (Year): 27 (2006)
Issue (Month): 1 (February)
Pages: 165-183

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Handle: RePEc:eee:joepsy:v:27:y:2006:i:1:p:165-183

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Web page: http://www.elsevier.com/locate/joep

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References

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  1. Eric A. Hanushek & John F. Kain & Jacob M. Markman & Steven G. Rivkin, 2001. "Does Peer Ability Affect Student Achievement?," NBER Working Papers 8502, National Bureau of Economic Research, Inc.
  2. Levy-Garboua, Louis & Montmarquette, Claude, 2004. "Reported job satisfaction: what does it mean?," The Journal of Socio-Economics, Elsevier, vol. 33(2), pages 135-151, April.
  3. James J. Choi & David Laibson & Brigitte C. Madrian & Andrew Metrick, 2003. "Optimal Defaults," American Economic Review, American Economic Association, vol. 93(2), pages 180-185, May.
  4. Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
  5. Clark, Andrew E. & Oswald, Andrew J., 1996. "Satisfaction and comparison income," Journal of Public Economics, Elsevier, vol. 61(3), pages 359-381, September.
  6. Levy-Garboua, Louis & Montmarquette, Claude & Simonnet, Veronique, 2007. "Job satisfaction and quits," Labour Economics, Elsevier, vol. 14(2), pages 251-268, April.
  7. Levy-Garboua, L. & Montmarquette, C., 1995. "Cognition in Seemingly Riskless Choices and Judgments," Papiers du Laboratoire de Microéconomie Appliquée 1995-04, Université Panthéon-Sorbonne (Paris 1).
  8. Alejandro Gaviria & Steven Raphael, 2001. "School-Based Peer Effects And Juvenile Behavior," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 257-268, May.
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Cited by:
  1. Charlotte Cabane & Andrew E. Clark, 2011. "Childhood Sporting Activities and Adult Labour-Market Outcomes," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00639469, HAL.

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